SierraConstellation Partners, an interim management and advisory firm to middle-market companies in transition, announced Drew McManigle has joined the firm as a managing director. McManigle has more than 25 years of experience in operational leadership, business turnarounds and financial restructurings, and has conducted complex litigation matters worldwide. He will report directly to Lawrence Perkins, SCP’s founder and Managing Partner.
“Drew is extremely well-known in the industry, and his experience in the oil and gas industry will be invaluable to us as we continue to grow our client engagements in that sector,” said Perkins. “We are pleased to welcome a professional of his caliber to the SCP team and are confident he will make numerous positive contributions to our firm as we continue to grow our national practice.”
Prior to joining SCP, McManigle founded and operated The McManigle Company, a boutique advisory firm focused on interim management, turnarounds and business reorganization. Since starting that business in 1993, he was engaged to handle numerous operating assignments, most notably in oil and gas, specialty pharmaceuticals, food manufacturing, defense contracting, consumer products, and hospitality.
McManigle’s deep experience in the energy industry includes C-level positions with oil and gas companies, fuel distributors, oil-well servicing companies, and energy production and investment companies. In addition to the energy industry, he also served as the interim president of food manufacturer and fundraiser for Joe Corbi’s Wholesale Pizza, chief restructuring officer of well-known cosmetics brand Jane & Company, and interim CEO and general manager of world-class resort and real estate developer Old Edwards Inn Hospitality Group.
“I’m extremely pleased to be working with the team at SCP,” said McManigle. “In its short history, SCP has achieved significant growth and has built a solid reputation based on professionalism and results. I’m looking forward to contributing to SCP’s future success.”
SierraConstellation Partners, LLC, is a Los Angeles-based advisory firm serving middle-market companies and stakeholders in those firms. Clients include companies, management teams, their private equity investors, lenders, creditors, and other financial constituents. The firm’s professionals have a record of success and achievement as financial advisors, interim managers and CROs to firms in transition. SCP has three main service lines: interim management, performance improvement and financial restructuring. SCP also partners with select investors to serve as management teams for potential acquisitions and portfolio companies.